Bloomberg reported that Saudi Oil Minister Prince Abdulaziz bin Salman during the meeting invoked the 1973 oil embargo ...

Oil prices plunged to a near four-year low on Monday morning which pundits expect will continue to push petrol prices lower.

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Eight members of OPEC+ have hinted at plans to further accelerate oil output hikes, amid the latest step to unwind ...

The Organization of the Petroleum Exporting Countries and allies (OPEC+) is set to further speed up oil output hikes. Citing five sources, Reuters reported that this could bring back to the market as ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

OPEC+ agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision follows a surprise move in April by agreeing to a bigger-than-expected output hike for May despite ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

Brent tumbled by as much as 4.6 per cent toward US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.com.

Crude oil futures have dropped more than 3% Sunday after OPEC+ agreed to accelerate production increases for a second ...

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...

Brent crude futures dropped $2.04 a barrel, or 3.33%, to $59.25 a barrel by 2240 GMT while U.S. West Texas Intermediate crude ...